Spring Valley Acquisition Corp. II (NASDAQ:SVII) Short Interest Update

Spring Valley Acquisition Corp. II (NASDAQ:SVII) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 2,200 shares, a growth of 69.2% from the February 13th total of 1,300 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

A number of institutional investors have recently added to or reduced their stakes in SVII. Geode Capital Management LLC boosted its position in Spring Valley Acquisition Corp. II by 15.3% during the fourth quarter. Geode Capital Management LLC now owns 12,670 shares of the company’s stock valued at $143,000 after purchasing an additional 1,679 shares in the last quarter. Robinson Capital Management LLC bought a new stake in Spring Valley Acquisition Corp. II during the fourth quarter valued at about $146,000. Tidal Investments LLC bought a new stake in Spring Valley Acquisition Corp. II during the fourth quarter valued at about $147,000. Virtu Financial LLC bought a new stake in Spring Valley Acquisition Corp. II during the fourth quarter valued at about $427,000. Finally, Toronto Dominion Bank bought a new stake in Spring Valley Acquisition Corp. II during the fourth quarter valued at about $1,014,000. Institutional investors own 89.78% of the company’s stock.

Spring Valley Acquisition Corp. II Stock Up 0.1 %

Shares of SVII stock opened at $11.50 on Friday. Spring Valley Acquisition Corp. II has a 1-year low of $10.93 and a 1-year high of $11.70. The stock’s 50-day moving average is $11.34 and its 200 day moving average is $11.30.

About Spring Valley Acquisition Corp. II

Spring Valley Acquisition Corp. II does not have significant operations. It intends effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Dallas, Texas.